Major PV inverter manufacturer Sungrow has reported a significant recovery in revenue and profitability in the second quarter of 2020, after financial figures suffered in the first quarter, due to the impact of COVID-19 on both its PV project and EPC business and demand for PV inverters in China.
Ib vogt has closed a €135 million (US$160 million) commitment from an institutional investor to help it pursue a global pipeline of solar projects that exceeds 16GW.
Duke Energy Progress’ Integrated Resource Plan, published earlier this week, details how the US utility could turn to as much as 16GW of solar to meet surging any demand and replace retiring coal fleets.
A round-up of the latest news from the US, where DTE Energy plans a major solar expansion, Duke publishes its latest IRP and EDP Renováveis divests a majority stake in 563MW of renewable projects.
Speaking to PV Tech, Huawei’s president of Smart PV Business Guoguang Chen reveals the key details and drivers behind its home energy storage play, slated to launch later this year
Mainstream Renewable Power has reached financial close for the second phase of its 1.3GW Andes Renovables wind and solar power generation platform in Chile.
Major polysilicon and solar wafer producer GCL-Poly has reported a total loss for the first half of 2020 of US$281.8 million, due to a reduction of more than 50% in polysilicon production and record low ASPs (Average Selling Prices) on weak demand.
